PAUTANG Peso Review Loan online App Legit? Harassment? Victims

If you need money urgently, you might be tempted to try Pautang Peso app review.

This is a mobile lending app that claims to offer fast and safe online loans in the Philippines.

But is it really legit? Is it safe to share your personal information with them? And what if you can’t pay back on time? Will you get harassment? Complaints victims? Requirements.

At retailasiaonline.com, we will review this loan platform and answer these questions.

Read on to find out more.

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Summary of Pautang Peso

✅ Pautang Peso Review	⭐ 4.2 stars
✅ Loan Amount	⭐ ₱2,000 – ₱50,000
✅ Age	⭐ 20 – 60 years old
✅ Term	⭐ 3 -12 months
✅ Interest rate	⭐ 0.046% – 4% per day
✅ Requirements	⭐ Have at least one valid ID
✅ Pros	⭐ Safe online loan
✅ Cons	⭐ Be subject to harassment, victims
✅ Evaluate the effectiveness	⭐ Good
✅ Harassment	⭐ Call directly or email
✅ Complaints	⭐ No
✅ Legit	⭐ Yes
✅ Phone number	⭐ +639 266907087
✅ Registration number	⭐ CS201916699
✅ Pautang peso app download Apk	⭐ Link here

What is Pautang Peso?

Pautang Peso is a mobile platform in the Philippines where people can borrow money for personal or business needs. It lets people get loans with flexible amounts, dates, and ways to pay them back. People can apply for loans online and get the money within minutes.

Pros of Pautang Peso loan

Pautang Peso loan offers several advantages, as highlighted below:

A safe and reliable online loan app Philippines that complies with the Philippines’ laws and regulations.
The simple and fast application process only requiring basic personal information and a valid ID.
Have a high pass rate of 85% and can approve loans within 2 minutes.
Offer competitive interest rates and flexible repayment terms that can suit different needs and budgets.
Approved loans are disbursed quickly, sometimes within hours

Cons of Pautang Peso App

The Pautang Peso App, while offering convenient and quick loans, also has its drawbacks:

Receive less than the amount you applied for due to service fees and taxes
Encounter difficulties in contacting their customer service staff if you have any problems or concerns
Be subject to harassment or privacy violations by the lender or their agents if you fail to pay on time
High interest rates compared to other lenders

Pautang Peso interest rate

The interest rate for Pautang Peso online loan can vary based on the specific lender and loan terms.

On its platforms, the daily interest rate can range from around 0.046% to 4% for varying loan limits and durations.

Maximum annual interest rates for such loans are typically capped at around 18%.

It’s important to note that these rates may be subject to transaction fees, service fees, and other charges.

Example of Pautang Peso loan calculator

Here is an example of a Pautang Peso online lending loan calculator:

Loan amount: PHP 4,000
Loan period: 150 days (5 months)
Daily interest rate: 0.046%
Transaction fee: PHP 25

Total interest

(Loan amount * Daily interest rate * Loan period) / 100 = (4,000 * 0.046 * 150) / 100 = PHP 276

Monthly interest

(Total interest / Loan period) / 30 = (276 / 150) / 30 = PHP 55.20

Total repayment

(Loan amount + Total interest) = 4,000 + 276 = PHP 4,276

Monthly repayment

(Total repayment / Loan period) = 4,276 / 5 = PHP 855.20

In this example, the borrower will need to pay PHP 855.20 every month for 5 months to repay the loan. The total interest that they will need to pay is PHP 276.

Pautang Peso requirements

To apply for a loan from Pautang Peso, you need to meet the following requirements:

Have a phone number to register for an account
Be a Filipino in the Philippines
Be at 20 years old or above
Have at least one valid ID

Guide to Pautang Peso Loan Application Step-by-step

To apply for a Pautang Peso Loan, follow these step-by-step instructions:

Step #1: Download the App

Download the Pautang Peso safe online loan app from your device’s Google Play.

Step #2: Confirm Your Information

Open the app and confirm your personal information.

Step #3: Choose a Loan Package

Select the desired loan package based on your needs.

Step #4: Confirmation

After completing the selection, confirm your choice.
The app will provide a result based on your application.

Step #5: Loan Approval

Await approval, which typically involves a review of your provided information.

Step #6: Loan Disbursement

Once approved, the loan amount will be credited to your specified account.

Pautang Peso review Philippines and Feedback

Pautang Peso review is rated 4.2 stars from customers in Philippines. It is a reliable mobile financial lending platform, providing swift access to loans for individuals and small business owners in need.

As an app user, I find its efficiency commendable, helping users secure funds urgently. The platform’s trustworthiness is evident from positive user experiences shared on platforms like Facebook and app stores.

Its commitment to prompt financial assistance makes it a valuable choice for those seeking quick loans.

Below are some feedbacks from its customers:

For more details, watch the video below:

Pautang Peso payment

To avoid Pautang Peso harassment in the Philippines, you can follow these steps:

Step #1: Install the App

Download the Pautang Peso app from the Play Store or other similar platforms like PinoyLend or Peso Pocket.

Step #2: Register

Create an account on the app by providing the necessary information.

Step #3: Fill Details

Fill in the required information, including the loan amount and term.

Step #4: Select Loan Amount

Choose the appropriate loan amount and term that suits your needs.

Step #5: Repayment

Pay back your debt by the deadline, if possible.
You can typically make the payment through the app itself.
Some lending platforms also provide options to make payments through partner locations like M Lhuillier.

Step #6: Confirmation

After repayment, you might receive a confirmation through SMS or email.

Remember to read and understand the terms of your loan before borrowing, and ensure timely repayment to avoid any additional charges or penalties.

Compare Pautang Peso loan to other App

Criteria	Pautang Peso	Juanhand loan	Mr Cash loan
Loan amount	₱ 2,000 – ₱ 50,000	₱ 1,000 – ₱ 50,000	₱ 1,000 – ₱ 15,000
Loan term	Up to 3 – 6 months	Up to 90 days	90 – 365 days
Interest rate	0.05% per day or 16% per year	9% – 15% per year	14.81% – 15% per month or 182.5% per year
Service fee	0%	10% – 20%	One time fee: 10% – 20%
Transaction fee	₱25 – ₱130	N/A	₱30

Sources: Refer to Sate Bank reporting and research.

Pautang peso contact number

If you have any concerns or questions, contact Pautang Peso customer service via the following channels:

Phone number: +639 266907087
Email: help@pautangpeso.com
Address: Unit D5 Echelon Tower 2100 A Mabini St.Malate Manila, Philippines

FAQs – Pautang Peso App

Below are some FAQs about Pautang Peso and relevant answers:

Is Pautang Peso legit?

Yes, Pautang Peso is a legit online lending app in the Philippines. It is registered with the Securities and Exchange Commission (SEC) and is regulated by the Bangko Sentral ng Pilipinas (BSP). However, borrowers should carefully consider their financial situation before taking out a loan.

Is pautang peso sec registered?

Yes, Pautang Peso is SEC registered. It is a lending company that is registered with the Securities and Exchange Commission (SEC) of the Philippines under the name LHL Online Lending, Inc. with registration number CS201916699. It is one of the many online lending platforms that are regulated by the SEC.

Conclusion

In conclusion, evaluating Pautang Peso loan app reveals a mixed bag of experiences.

While some users report legitimate and safe transactions, concerns about harassment tactics employed by the app’s collections agents raise alarms. Caution is advised when using this platform.

Research, read user reviews, and ensure full understanding of terms before engaging. Remember, financial decisions should prioritize security and transparency.

It’s essential to stay informed and vigilant to make the best choices for your financial well-being.

5/5 - (3 votes)